HyperSat reveals hyperspectral plans

05 October 2018

HyperSat LLC emerged from stealth mode in September to announce it raised $85 million to launch two high-resolution hyperspectral imaging satellites in 2020.

"We wanted to wait until we raised the entire amount to put up the first two satellites before we went public," Derek Woods, HyperSat chief executive, told SpaceNews. "There's a lot of interest and a lot of new entrants. It seemed to make sense to stay in stealth mode until we were fully financed."